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A Petrobras FPSO in Brazil’s Campos Basin has been shutdown after a fire on the facility on Thursday afternoon. The state-run oil company confirmed the

By Harry R. Weber (Bloomberg) — The tanker carrying the first cargo of natural gas from U.S. shale formations was entering Brazil on Tuesday after

Island Offshore has announced the lay ups of its two platform supply vessels (PSVs), Island Dragon and Island Duchess, effectively immediately, pushing

For full-year 2015, Bourbon Offshore reported a loss of €76.6 million (US$85 million), attributed to a reduced utilization rate and an unrealized foreign

A new report by the International Research Institute of Stavanger showed that oil and gas industry will need to recruit more than 20,000 workers by 2020 in

Aker Solutions will perform a concept study on a new processing platform for future phases of Johan Sverdrup field in Norway’s North Sea. Under the

The prolonged slump in the offshore oil and gas market has Norwegian offshore service specialists Eidesvik turning to offshore wind for work amid

(Bloomberg) — Mainstream Renewable Power Ltd. said it’s in talks with a consortium led by power company InterGen NV to reach a financial close on its

Dubai-based Polarcus is in the process of acquiring an ultra-wide 3D marine seismic project offshore Myanmar, and is breaking acquisition performance records

By Kyunghee Park and Jonathan Burgos (Bloomberg) — Keppel Corp.’s uncertainties about the oil- rig market are set to continue after a key customer in

View More: Newsmakers News|60 Minutes News|Live News|More News Videos   CBS’s 60 Minutes on Sunday aired a special on the sinking of the El Faro

by Mikael Holter (Bloomberg) Transocean Ltd., the biggest offshore-rig operator, won a contract to drill four wells off Norway for Det Norske Oljeselskap ASA

By Jonathan Saul and Ole Petter Skonnord (Reuters) LONDON/OSLO Norwegian companies that provide supply ships and drilling rigs to the global oil industry face

by David Wethe and Saleha Mohsin (Bloomberg) – The number of jobs gutted from oil and gas companies around the world has now passed the 250,000

Norway’s Petroleum Safety Authority has uncovered a number of defects and shortcomings in its investigation into the March 2015 fire onboard the

Editor’s NOTE: With Hurricane Sandy currently over Cuba and threatening Florida and the U.S. East Coast, here is a look at some of the top websites

  By Jeb Blount, Marta Nogueira and Stephen Eisenhammer RIO DE JANEIRO, Oct 7 (Reuters) – Brazil attracted little interest in a new oil and gas

  By Peter Millard and Yasmine Batista (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, is being linked for the first

  By Keith Wallis SINGAPORE, Aug 26 (Reuters) – Malaysia and Indonesia are deploying rapid reaction teams to combat a soaring number of attacks on

  Daewoo Shipbuilding & Marine Engineering Co., the world’s number two shipbuilder, says it has cancelled a 703.4 billion won ($595 million)